Enbridge selling its New Brunswick business for $331 million

Enbridge Gas New Brunswick operates and maintains more than 1,200 km of natural gas distribution pipeline

Enbridge selling its New Brunswick business for $331 millionEnbridge Inc. is selling its Enbridge Gas New Brunswick business to Liberty Utilities (Canada) LP, a wholly-owned subsidiary of Algonquin Power and Utilities Corp., for a cash purchase price of $331 million. Enbridge said closing of the deal is subject to the receipt of regulatory approvals and other customary closing conditions expected in 2019. “This…

New Brunswick’s ban on fracking must be overturned

Investment makes workers more productive, creates better jobs and drives income growth. Fracking offers a simple, safe solution

New Brunswick’s ban on fracking must be overturnedBy Matthew Lau and Marco Navarro-Genie Atlantic Institute for Market Studies The new government in New Brunswick faces no shortage of challenges. One of the most important to address is the dearth of business investment in the region. Hydraulic fracturing offers a solution. On a per capita basis in 2017, investment in non-residential structures, machinery,…

School choice a good first step to quality education in Atlantic Canada

Adopting the Alberta charter school model would give parents and children more choice and allow them to enjoy the benefits of competition

School choice a good first step to quality education in Atlantic CanadaCanadians experience the enormous economic benefits of competition daily. For most consumer goods, over time, Canadians pay less and get more. Businesses compete to offer customers the best products at the lowest prices; those with offerings that consumers judge unsatisfactory are eventually forced to go out of business. As long as there’s competition, consumers are…

Fundy Trail beckons you to get off the high-speed highway

The view along the Fundy Trail offers something at every compass point – crashing waves, rocks, hills, forests, waterfalls and streams

Fundy Trail beckons you to get off the high-speed highwayThis is the first of a five-part series on travel on Canada's East Coast. On my recent trip to New Brunswick, I finally drove the Fundy Trail and saw Fundy National Park. It inspired me to sell the province a new tourism slogan. The slogan, worth millions, is “Get Off The Road!” I’m also considering…

Ottawa’s contradictory climate policy just wastes money

Billions of dollars in spending announcements allow politicians to burnish their green credentials. But they don't get the job done

Ottawa’s contradictory climate policy just wastes money“Around the world, businesses, governments and experts agree that carbon pricing is the cheapest and most efficient way to cut carbon pollution,” Catherine McKenna, Canada’s environment and climate change minister, recently tweeted. If what she says is true, it means all other anti-carbon strategies – including regulations and subsidies – are unnecessarily expensive and inefficient.…

Federal carbon tax seems destined to fail

P.E.I. has added itself to the list of carbon tax opponents, following Premier Doug Ford of Ontario. And the list is growing

Federal carbon tax seems destined to failIf there ever was a federal carbon tax consensus in Canada, it's now dissolving. Rumours of its death have been floating for some time, but the recent Prince Edward Island announcement rejecting it has the feel of an unofficial invitation to its wake. Did the smallest provincial jurisdiction in the country kill Prime Minister Justin…

Atlantic Canada should abandon government liquor monopolies

It’s time to focus on preserving public safety while permitting a market system to thrive through the entire supply chain, from producer to consumer

Atlantic Canada should abandon government liquor monopoliesBy Alex Whalen and Ian Madsen Atlantic Institute for Market Studies In October 2012, Gerard Comeau left his home in Tracadie, N.B, and drove to Quebec to buy alcohol. Comeau, a retired power lineman, knew he could buy the same alcohol for less in Quebec. However, upon returning to New Brunswick, Comeau was stopped by…

Minimum wage prices low-skilled workers out of a job

Governments should abolish the fruitless minimum wage if they want to do right by young and low-income persons

Minimum wage prices low-skilled workers out of a jobHigh unemployment in Atlantic Canada is a longstanding problem. For over four decades, unemployment rates have consistently exceeded the national rate. It is critical for the provinces to reduce barriers to work. Yet governments do the opposite when they raise the legislated minimum wage, as all four Maritime provinces did last April. With each increase,…

Mapping the route to more effective health care

To improve value and spur innovation, we need to change the way we pay for health care by encouraging those providers who experiment and innovate

Mapping the route to more effective health careHealth care costs the public sector about $160 billion a year in Canada, a higher per-capita cost than most industrialized nations. Yet Canadians are not markedly healthier, nor do we receive better care. The Commonwealth Fund has ranked Canada 10th out of 11 developed nations for the efficiency of our health-care system (only the United States…